Furthermore....Ol' Warren's wager

During the campaign, the old Omaha multi-billionaire Warren Buffett was practically President Obama’s running mate. Ol’ Warren said he supported Obama’s call for more and more taxes on the rich. Why ol’ Warren didn’t simply just write the IRS a bigger check if he feels the rich aren’t being hit up for a contribution of sufficient magnitude, that ol’ Warren never explained. But he stuck with his guy Obama, even when Obama kept saying some nasty things about the rich.

There’s one fascinating area, however, where ol’ Warren seems to have parted company with his favorite Prez. The Prez, of course, is determined to turn back the tide of climate change, and this entails giving a thumbs down to that icky carbon stuff — oil and coal. Obama’s position is they’ve gotta go. If we want things like electricity, we can get them from windmills, sunbeams and such.

And this seenms to be where ol’ Warren parts company with The Man. Like some robber-baron-era tycoon of yore, ol’ Warren’s Berkshire Hathaway holding empire has gobbled up rail lines such as those of the Burlington Northern Santa Fe. These lines service the energy industry West — and not by hauling around solar panels and wind turbines. They make their money hauling around that aforesaid icky carbon stuff — coal and oil.

Doesn’t sound like ol’ Warren’s buying into Obama’s green dream. Sounds more like he’s putting his money where he calculates the money is. Of course, that’s how he got rich, isn’t it? — The Trentonian